Indiana News

Indiana Insurance Chief: Plans will stay canceled…

INDIANAPOLIS (AP) — Indiana Insurance Commissioner Stephen Robertson says he will not ask insurers to restore plans canceled because of the federal health care law.

“President Obama has asked that Indiana compel insurance companies who choose to do business in our state to reinstate carefully phased-out policies at a moment’s notice,” said Robertson. “Such action would seriously destabilize Indiana’s insurance market and create logistical chaos, fueling even more uncertainty for Hoosiers. Furthermore, we do not believe that IDOI has the authority under Indiana law to fulfill the President’s untimely request.”

President Barack Obama has been heavily criticized for promising people could keep their insurance plans, while insurers spiked the plans. Obama did an about-face and said insurers could continue providing plans that do not meet coverage standards for another year.

Robertson said Wednesday that insurers have spent months phasing out old plans and that he cannot force them to restore the canceled plans. The state estimates 108,000 residents lost coverage because of the new law.

The canceled plans are the latest wrinkle in a flawed start to the core of the health law. Troubles with the online federal exchange have persisted since it opened.

 

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